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Lender
Consultation on mortgages a ‘fundamental human need’: ANZ CEO
by Annie Kane • 23 Oct 2018
The chief executive officer of ANZ has said that the need to talk to a person about buying a home is a “fundamental...
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CBA, Bankwest withdraw from reverse mortgage market
by Annie Kane • 22 Oct 2018
The last remaining major bank offering reverse mortgages and its subsidiary will withdraw their reverse mortgage...
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ASIC focusing on loan fraud within banks
by Annie Kane • 22 Oct 2018
The Australian Securities and Investments Commission has said that while the banks’ loan assessment processes have...
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ING appoints new head of third party
by Annie Kane • 19 Oct 2018
ING has announced that it has appointed a new head of third-party distribution and direct mortgages.
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Market share rise proof that ‘commissions work’, says non-bank
by Charbel Kadib • 18 Oct 2018
The continued growth in broker market share proves that the current arrangements in the broking model are working, the...
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SMEs need brokers in current lending landscape
by Tas Bindi • 18 Oct 2018
As residential lending and property price growth stagnate, SMEs will be increasingly turning to finance brokers to help...
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New digital ‘banking alternative’ launches
by Reporter • 16 Oct 2018
A new digital platform, run in partnership with Bendigo and Adelaide Bank, has launched to give Australians a...
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Former CBA mobile lender to stand trial for loan fraud conspiracy
by Annie Kane • 12 Oct 2018
A former mobile lender for the Commonwealth Bank of Australia is to stand trial for conspiracy to defraud the bank,...
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Major bank profits could rise by 1.8% if trail is cut
by Charbel Kadib • 10 Oct 2018
The big four banks would increase their profits by an average of 1.8 per cent should trail commission be removed, but...
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1 in 10 SMEs look to alternative lenders following RC
by Reporter • 10 Oct 2018
Small business owners are looking to alternative lenders for their finance needs off the back of the royal commission,...
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